Which of the following is the best example of an attempt to create network effects?
A) An Internet service provider gives free access to social networking sites.
B) A retailer gives volume discounts on large purchases.
C) A kitchenware manufacturer introduces a differentiated range of products.
D) AT&T introduces a family plan that provides free calls within the family.

Question

Quizplus · Accepted Answer

AT&T introducing a family plan that provides free calls within the family is the best example of an attempt to create network effects. This is because by providing free calls within the family, AT&T is creating a network effect where more people within a family are incentivized to use AT&T's services. This can lead to more customers signing up for AT&T services in order to take advantage of the free calls, further increasing the network effect.

Which of the Following Is the Best Example of an Attempt